'Silent retreat': More than half of Gen Z employees plan quiet quitting, says study
More than half of Gen Z workers (55%) in Singapore are planning "quiet quitting" their jobs, reveals new research from global job site Indeed.
According to the report, salary dissatisfaction and burnout are the top reasons given by workers to ‘quiet quit’.
The data also shows other generations have similar intentions.
In the survey, Singapore workers identify quiet quitting "as 'saying no' to the hustle culture that expects employees to do extra hours and give their most at work".
The data shows 45% of Singaporean workers surveyed said dissatisfaction with salary is their number one reason for quiet quitting, while 44% cited burnout or being overwhelmed as their secondary reason. Other reasons mentioned are dissatisfaction with career progression and lack of support from management.
Gen Z least interested in money when choosing a job
Workers between 16 and 25 years old (Gen Z) are also the group least interested in money when choosing a job. While 50% of those in this age bracket say salary is the most critical reason when accepting a position, 61% of Millennials and 70% of Gen X say financial compensation is the most crucial issue.
Gen Z says flexibility (45%) and career progression (43%) are the other two top critical aspects when thinking about a job offer.
"Our survey identifies how workers in Singapore want to limit the pressure from work in their lives. But it is important to note that they are not saying they don't want to work hard. They are just stressing the limits and the desire to have a better life-work balance," said Nishita Lalvani, marketing director for Indeed in India and Southeast Asia.
The survey also shows Gen Z is the generation that finds it more important to work with friends and people they already know. This is a critical aspect of choosing a job for 15% of those under 25. Only 9% of Gen X and 5% of Boomers think the same.
Another report finding is that all generations, including Gen Z, say the under-25s are the most impatient group during hiring processes, expecting companies to be more agile. Among all ages, 66% believe this is true, including 68% of Gen Zs.
Gen Z is also the generation that most experience ghosting -- when communication between recruiters and candidates stops without any explanation or conclusion -- and ghost recruiters.
The survey identifies that 64% of those under 25 have experienced or have ghosted recruiters during a hiring process. This number drops to 59% for millennials and 41% for Gen X.